Culled—Proshare April 24, 2017/Quantitative Financial Analytics In a bid to bolster their performance, strengthen their risk management strategies and in response to the lack luster performance of the Nigerian stock market, pension fund managers in Nigeria have increasingly been reducing their exposure to the stock market by allocating less and […]
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DIAMOND BANK PLC Q4 2016 Results: Key Highlights
April 24, 2017/InvestmentOne Research Diamond Bank released its Q4 2016 results earlier today. Please find key highlights of the Q4 2016 results below: · Net interest income of N28.8bn, up +1.3% q/q; +19.1% y/y · Profit before tax of N1.8bn against a -N6.6bn loss before tax in Q3 2016 and […]
Nigerian Breweries Plc | Q1-2017: Price Hike; Good Start to the Year
April 24, 2017/Cordros Research Click here to download full PDF Report In our view, NB’s reported Q1-17 result impressed on two main fronts: (1) 18% y/y revenue growth and (2) 255 bps q/q expansion of gross margin. Both were ahead of Cordros’ (+3% y/y and +38 bps q/q respectively) and […]
